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Dec 5, 2013
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we'll take personal and corporate tax down to 5%. bring the payroll tax down for the worker and employer. and we'll reduce the red tape and let businesses thrive. we'll invite entrepreneurs from around the country and around the world who want to come to detroit and make it like a mini hong kong. there are great things you can do the. it's amazing how much money accumulates not from other parts of the country but just from detroit's tax base if you don't take it to washington. you leave it in detroit. >> you're saying you will reduce the personal tax liability to 5%. can you do that? you're senator rand paul, one senator. how do you accomplish -- i like the idea. i'm asking how you accomplish it. >> well, if i were president obama i would do it by edict. i'm just a senator so we have to pass it as legislation and get the president to sign it. i can tell you now there is not a lot of enthusiasm for the traditional type of bailout. i don't think that will pass the house of representatives. i think my plan, if democrats would look at it
we'll take personal and corporate tax down to 5%. bring the payroll tax down for the worker and employer. and we'll reduce the red tape and let businesses thrive. we'll invite entrepreneurs from around the country and around the world who want to come to detroit and make it like a mini hong kong. there are great things you can do the. it's amazing how much money accumulates not from other parts of the country but just from detroit's tax base if you don't take it to washington. you leave it in...
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Dec 7, 2013
12/13
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. >> she was told you need a license to help people with taxes. >> free enterprise is at stake. >> this man after selling t-shirts here for 30 yyars was told you must stop. this is just the rules from friday, december 16th. tiny fine print here. >> yep. >> every day is another book. and you have to know everything in here or you can go to jail? >> that's right. here i am a constitutional lawyer and i have no idea what is in these books. >> each and every one of these is incomprehensible. >> and unnecessary. i flip open this book, this is department of energy regulations on the formula for determining the energy efficiency of a commercial ice maker. somebody that runs a bar or restaurant can go to the manufacturer, say give me an ice maker. if it works, the market says what's the best -- >> we don't need reviews. >> we don't need the federal government printing mathematical formulas, requiring everybody to conform to this sort of bizarre bureaucratic standard. >> i keep every day getting more of this stuff. >> and it doesn't go away. >> like a disease. like a mold. seeps through slowly a
. >> she was told you need a license to help people with taxes. >> free enterprise is at stake. >> this man after selling t-shirts here for 30 yyars was told you must stop. this is just the rules from friday, december 16th. tiny fine print here. >> yep. >> every day is another book. and you have to know everything in here or you can go to jail? >> that's right. here i am a constitutional lawyer and i have no idea what is in these books. >> each and...
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Dec 8, 2013
12/13
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you had sent a flat individual and corporate tax rate with 5%. give parents more school choice and education tax credits and loosen visa rules to encourage entrepreneurs to open businesses. while those are all good ideas, you've got to pour more government money into those inner cities if you're going to make a difference. >> well, chris, it hasn't worked. the president pours a trillion dollars into the nation's economy when you divided it out, it was about $400,000 per child. the problem with a government stimulus is you pick the winners and loser rs. with this stimulus i'm talking about, a free market stimulus, you simply leave the money in the hands of those who have earned it, so the customers have pickeded out the successful people. those people get more money. like i met a young man, young african man who has his own restaurant. his first question is do you have any tax breaks for me for my business. that's what what would do. help people in business and trying. >> but i don't have to tell you senator, republicans have a steep hill to climb
you had sent a flat individual and corporate tax rate with 5%. give parents more school choice and education tax credits and loosen visa rules to encourage entrepreneurs to open businesses. while those are all good ideas, you've got to pour more government money into those inner cities if you're going to make a difference. >> well, chris, it hasn't worked. the president pours a trillion dollars into the nation's economy when you divided it out, it was about $400,000 per child. the problem...
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Dec 5, 2013
12/13
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there will be more debate about it, alec is a tax-exempt charity. what it does is cook up legislation. >> if i had the choice of choosing who could be elected in a particular election or writing the laws that that person would introduce as a legislator once they were there, i know which one i would pick. thank you very much for your time, sir, fascinating. we'll be right back. ♪ let love shine. dazzling diamond gifts she'll adore starting at 199. zales is the diamond store. ♪ you know, ronny... folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? i'd say happier than a bodybuilder directing traffic. he does look happy. get happy. get geico. fifteen minutes could save you fifteen percent or more on car insurance. and what would this pretty i'm thinking the ford fusion... ho, ho, ho!....the what? i need a car that's stylish and fashionable... especially in my line of work. now do you have a little lemonade stand? guys, i'm in fashion! but i also need amazing tech too... like active park assist... i
there will be more debate about it, alec is a tax-exempt charity. what it does is cook up legislation. >> if i had the choice of choosing who could be elected in a particular election or writing the laws that that person would introduce as a legislator once they were there, i know which one i would pick. thank you very much for your time, sir, fascinating. we'll be right back. ♪ let love shine. dazzling diamond gifts she'll adore starting at 199. zales is the diamond store. ♪ you...
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Dec 2, 2013
12/13
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republicans do not want to raise any taxes. democrats say we're not going to do what you want if you're not going to do what we want. where do you find common ground in the circumstance? there's not a lot. a lot of people are predicting they'll make very small changes around the margins, that's what i suspect will happen. >> when you say the narrative that way, it does tilt it a little bit. proposed social security cuts in his own budget, something that tour'e's point, elizabeth warren is actively campaigning against. i wouldn't say they were on the 50 yard line. they were looking at social safety net requirements and that's wasn't enough for republicans to go anywhere in revenue. >> that's entirely fair. when you look at the republicans you're looking at the political party that is now -- its base is elderly people more than anything else. on the one hand ideologually want to curtail social security and medicare and political base that says don't take our social security and medicare away. they are in the position of saying, d
republicans do not want to raise any taxes. democrats say we're not going to do what you want if you're not going to do what we want. where do you find common ground in the circumstance? there's not a lot. a lot of people are predicting they'll make very small changes around the margins, that's what i suspect will happen. >> when you say the narrative that way, it does tilt it a little bit. proposed social security cuts in his own budget, something that tour'e's point, elizabeth warren is...
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Dec 3, 2013
12/13
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>> property taxes are being collected as we speak. i think it's a misnomer, because some of the numbers that i see are numbers that go back to 2009 when i first came into office where it was said there's 100 to $150 million of uncollected taxes. you go back 10 years ago using the same numbers, it's not realistic. number one, a lot of those people are businesses that are no longer here. we need the number as it relates to taxes. the same thing holds true for empty houses. i see the number constantly at 78,000. that's not a right number. it's a moving number on a monthly basis but it's not near to 78,000. >> when you say -- >> that was detroit mayor dave bing speaking on the ruling moments ago that detroit can file chapter 9 bankruptcy. he'll be joining us later this hour. but first "twelve days of christmas" and
>> property taxes are being collected as we speak. i think it's a misnomer, because some of the numbers that i see are numbers that go back to 2009 when i first came into office where it was said there's 100 to $150 million of uncollected taxes. you go back 10 years ago using the same numbers, it's not realistic. number one, a lot of those people are businesses that are no longer here. we need the number as it relates to taxes. the same thing holds true for empty houses. i see the number...
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Dec 7, 2013
12/13
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CSPAN
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we have tax credits for education. $5,000 tax credit. this is a broad agenda, how we transform communities. it will touch everyone in this city. from the first time they go to school to becoming parents. economic freedom so that will remove government obstacles to success. it will provide a generation of citizens, students, workers with a new bargain, and the government will get underway. it will treat you like an adult. it will treat everyone equally under the law, it will help parents control their children's future and their education, it will help creators have more jobs for workers. it will treat you the same way everyone else, the matter the color of your skin, what part of town you comfort. we have tried the bailouts, excessive taxation. it has not worked. it does not work. we will try a new approach. you can meet your new challenges as you rebuild your cities, it will endure and prevail. i promise you that i will work you do we do that. thank you very much. [applause] >> it is my job to sort hundreds of questions and tried to get
we have tax credits for education. $5,000 tax credit. this is a broad agenda, how we transform communities. it will touch everyone in this city. from the first time they go to school to becoming parents. economic freedom so that will remove government obstacles to success. it will provide a generation of citizens, students, workers with a new bargain, and the government will get underway. it will treat you like an adult. it will treat everyone equally under the law, it will help parents control...
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Dec 6, 2013
12/13
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CNBC
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tax. you want to be sure. you've got to talk with your accountant about these. the stock had a not great quarter and it's been knocked down. and the master limited partnerships have all been coming down. but i believe in rich kinder. rich kinder is not dick heckman. dick heckmann had a terrific company around, this one's not it. rich kinder made a lot of people a lot of money. i'm not going to abandon that company. but i do honestly right now like linn energy more. higher rates don't have to be the end of the world, conn's might be a microcosm. wouldn't you like to have a stock that goes up gigantically? or would you say i don't want that gain because rates are going higher? stay with cramer. >>> coming up -- nice view? hilton's more than $2 billion ipo is about to hit the street. are there better accommodations for your cash, or should you try and book a room in this newly minted stock? >>> you know that this has been a downright incredible year for initial public offerings. >> buy, buy,
tax. you want to be sure. you've got to talk with your accountant about these. the stock had a not great quarter and it's been knocked down. and the master limited partnerships have all been coming down. but i believe in rich kinder. rich kinder is not dick heckman. dick heckmann had a terrific company around, this one's not it. rich kinder made a lot of people a lot of money. i'm not going to abandon that company. but i do honestly right now like linn energy more. higher rates don't have to be...
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Dec 3, 2013
12/13
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unemployment to 170,000 people or medicaid expanded to 500,000 people or rolling back the earned income tax credit or pushing the voter suppression law that we're seeing now that's the worst in the country in north carolina, all of that, you see the money imprint and the handprint imprint and the philosophical imprint of either art pope or groups he has backed in such a wrongful way. and that's why we're fighting. >> do you think that people in north carolina broadly understand the connection between that agenda that you just described and the network of discount stores that have made the pope family so wealthy over all these years? do people already know the connection between those policies -- >> no. >> -- and those stores? they don't. >> no. that's why we're doing these informational pickets. now, we hope in this season of christmas and hanukkah, his own conscience -- we've actually asked to meet with him -- that he would change. we have to believe in the possibility of redemption. we've shared with him that it's against our greatest moral values, we've talked about scripture of woe to t
unemployment to 170,000 people or medicaid expanded to 500,000 people or rolling back the earned income tax credit or pushing the voter suppression law that we're seeing now that's the worst in the country in north carolina, all of that, you see the money imprint and the handprint imprint and the philosophical imprint of either art pope or groups he has backed in such a wrongful way. and that's why we're fighting. >> do you think that people in north carolina broadly understand the...
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Dec 10, 2013
12/13
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he is about lowering taxes and keeping taxes low. he is going after education who in new jerseyç or any place el doesn't agree needs to be ramps up. and keeping texas down. more of us keeping more of our money. >>ç conservatives don't love h for a variety of reason ares. the questions that i asked chris too, do conservatives have something toç learn? >> i have to say, i have always said that chris christie is the one that i'm most concerned about regardless of who is on thatç platform with a d on the chest. we saw with romney even though he was a mormon and a lot of the more christian conservatives im, at the end of the day you have a democrat and a republican they will put their support to chris christie. but i think he has great appeal in new jersey and heç should. i'm not sure they go dgoing to transcend on a national level. i think he will have some problem with the gay vote which is a vastç growing politicaly force in america. >> and it is all about the beginning of the race called the primaries as well. >> right now
he is about lowering taxes and keeping taxes low. he is going after education who in new jerseyç or any place el doesn't agree needs to be ramps up. and keeping texas down. more of us keeping more of our money. >>ç conservatives don't love h for a variety of reason ares. the questions that i asked chris too, do conservatives have something toç learn? >> i have to say, i have always said that chris christie is the one that i'm most concerned about regardless of who is on...
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Dec 7, 2013
12/13
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it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lord, no. we talk about how tony romo blew another season for the cowboys most likely. gary b. is chicken little, bernard is a fountain of misinformation. let's break this down. amazon can handle 1 million transactions per minute. this government website can handle 50,000. that's how competent these guys are. these guys are ideologue whos w know nothing about people. they understand they've been sold a bill of goods here, they have been told they can keep their doctor, keep their health plan. they know it's not true. >> let's forget about the website. let's think about, instead, are we going to pay more? >> well, we have to, brenda, look, in berna
it's going to wind up being taxed on somebody else later. unfortunately, we need them in it. $95, whatever the fine is, they need jail is what happens if you don't do it, because we need 100% of the people under 35 on this plan, subsidizing older people. >> okay. on your christmas table, do you think you'll be talking about this? is that going to convince your nieces and nephews to sign up? >> good lord, no. we talk about how tony romo blew another season for the cowboys most...
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Dec 3, 2013
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we have a cook county tax, city tax, an epa tax and a variable state tax that is as high as the price of gasoline goes, the higher the price of the taxes. you have to put a stop to the madness and just raising raisine federal tax, it's going to kick consumers in the teeth who are already struggling from higher healthcare cos, uncertain job market, and now late rates the gas taxes. nothing that hurts the american consumer more than higher gas taxes. i'm the first guy who hears about it when tax goes up. >> let's find out where it went and if it's not enough, we can allocate every penny. have at it. but it's wrong. >> thank you very much. again, folks, this comes down to -- take it from the geeks here at fox. money in and money out. we're getting a lot of money coming into the country, a lot of it from all sorts of folks, including you. so the problem is not all the money coming in, it's all the money going out. this is endem nick of what is wrong in the country. we're big on proposing more money to throw at problems but never looking at the money we have already thrown at that problem.
we have a cook county tax, city tax, an epa tax and a variable state tax that is as high as the price of gasoline goes, the higher the price of the taxes. you have to put a stop to the madness and just raising raisine federal tax, it's going to kick consumers in the teeth who are already struggling from higher healthcare cos, uncertain job market, and now late rates the gas taxes. nothing that hurts the american consumer more than higher gas taxes. i'm the first guy who hears about it when tax...
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Dec 5, 2013
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policies can be put in place, growth policies, tax cuts, corporate taxes being cut to get that growth going so everybody has an equal shot at prosperity. martha: let's take a look at some of these numbers. just verbally -- 1 per when asked what's the most important issue to you? 1% of the 18-29-year-olds thought that was important. jobs, unemployment rate, 7.3%. we note labor participation rate is historically low and continues to be so. americans on disability up three times since 1983. we throw more money at education, doug, than we have ever in the history of this country and we have seen what's happening to our test scores. i think the president is getting at the middle class. improving the state of the middle class. but i don't know raising the minimum wage and increasing early childhood education is the ticket. >> i think those are good things to do. i'm a democrat. but the issue is what monica came to at the end of her brief presentation. the answer is growing an economy to give everyone a chance to get ahead. the american people are angry there is no real chance to work hard,
policies can be put in place, growth policies, tax cuts, corporate taxes being cut to get that growth going so everybody has an equal shot at prosperity. martha: let's take a look at some of these numbers. just verbally -- 1 per when asked what's the most important issue to you? 1% of the 18-29-year-olds thought that was important. jobs, unemployment rate, 7.3%. we note labor participation rate is historically low and continues to be so. americans on disability up three times since 1983. we...
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Dec 7, 2013
12/13
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tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making it expensive for city government and for businesses to locate in detroit. we think if you combine all of this, that it would be the model for how you would rescue cities across the country but any impoverished area. we have impoverished areas in eastern kentucky. we think this same plan would rescue them and parts of louisville and other major cities. >> maybe the country while you're at it. we have had five years of spread the wealth. you didn't build that. share share economics. where has obama failed detroit? >> here's the problem. the president says let me tax houston, send it to washington, then i'll pass
tax down to five percent, the personal income tax down to five percent, make the capital gains tax zero, take the payroll tax and bring it down for the employee and the employer. without bringing any new money to detroit, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making...
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Dec 4, 2013
12/13
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tax senate democrats are going on cuts to providers. in one release mark pryor release said pryor's deciding vote for obama care cut from medicare including nearly 5.4 billion collectly from arkansas. it's a familiar line of attack that was litigated and litigated and litigated and discredited in the last election. >> when congressman ryan looked into the camera and attacked president obama's medicare savings as "the biggest coldest power play," i didn't know whether to laugh or cry. that $716 billion is exactly to the dollar the same amount of medicare savings that he had in his own budget. >> that's always been a problem for republicans on this line of attack. house republicans tell us that they are not looking at the medicare attack line. they want to continue to highlight individual stories when it comes to health care. stories about canceled plans or higher costs. here's what we know they are not going to do. they are not going to walk away from the issue. it's too potent of an issue for the base and what they believe swing voter c
tax senate democrats are going on cuts to providers. in one release mark pryor release said pryor's deciding vote for obama care cut from medicare including nearly 5.4 billion collectly from arkansas. it's a familiar line of attack that was litigated and litigated and litigated and discredited in the last election. >> when congressman ryan looked into the camera and attacked president obama's medicare savings as "the biggest coldest power play," i didn't know whether to laugh or...
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Dec 3, 2013
12/13
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no new taxes. >> if you liked your doctor, you will be able to keep your doctor period. it's a punchline. this is definitely barack obama's read my lip s moment. >> let me get emily in here to defend whether or not you think it is that serious of a moment. whether we still remember that. >> look, i think today is a rebrand. today is a hit restart button on it. since the health care law started to go into effect. the website was not good but it is not the law. there are other pieces that have gone into effect like being able to get new coverage. young people being able to stay on their parent's coverage. >> yeah, but today republicans agreed on. those are not the things that we are hearing about that are problems with the law itself. but now the president is going to come forward during the month of december. 15 minutes from now we will see what that is about. have a great day. >> thank you. >> the white house seems to be running out of excused for the problems with the website. >> where is the accountability? will somebody get fired over this? >> it is impossible to do s
no new taxes. >> if you liked your doctor, you will be able to keep your doctor period. it's a punchline. this is definitely barack obama's read my lip s moment. >> let me get emily in here to defend whether or not you think it is that serious of a moment. whether we still remember that. >> look, i think today is a rebrand. today is a hit restart button on it. since the health care law started to go into effect. the website was not good but it is not the law. there are other...
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Dec 4, 2013
12/13
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if you construction your taxes so you don't get a tax refund, so you just pay taxes, presumably you won't have a fine. so people are going to game the system because frankly they can't afford. it i talked to a restaurant owner over the weekend. owns nine restaurants. he told me he's forcing good and decent people who follow the rules to be corrupt. he said, i don't want to be corrupt, nobody does, but how do we stay in -- >> it stumbles on, this law. are your colleagues hoping it dies of its own weight? that's easier said than done. >> i hope it goes away. i'm the author of the bill to repeal obama care. we want this to go away because it's killing jobs in this country. killing the economy. it's hurting people's lives in a real-time basis. middle class -- >> does it -- sorry, ma'am, does it bug you when democrats go, yeah, they're going at bashing, but they don't have a plan of their own. there are half a dozen plans -- >> more than that. >> republicans, some say, want to annihilate this and do nothing in return. >> it's political. if you want to address the situation, do one thing -- let
if you construction your taxes so you don't get a tax refund, so you just pay taxes, presumably you won't have a fine. so people are going to game the system because frankly they can't afford. it i talked to a restaurant owner over the weekend. owns nine restaurants. he told me he's forcing good and decent people who follow the rules to be corrupt. he said, i don't want to be corrupt, nobody does, but how do we stay in -- >> it stumbles on, this law. are your colleagues hoping it dies of...
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Dec 3, 2013
12/13
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ALJAZAM
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and you don't have to pay sales tax. you are saving a lot of money. >> there are other overhead costs that retailers save on that gives consumers costs. >> you don't see any major impacts on online shopping in the future. >> it remains to be seen, whether consumers flock to the bricks and mortar stores because of this issue. >> they say it's a fairness issue, they shouldn't be undermined by the online retailers who don't pay tax issues. tonnes of people, 140 million went shopping. i was not one, fortunately. sales down 2.9% from last year. >> not the outcome retailers hoped for. the holiday creep went into unprecedented territory, stores opening on thanksgiving. macy's for the first time in 155-year history opened on turkey day. it really didn't produce the sales that retailers hoped for. >> you wrote a column "how black fridayate thanksgiving and destroyed"", saying that by moving the sales into thanksgiving, not only did they roou join the holiday, but it didn't seem like sales went up. >> people showed up on thanksgiv
and you don't have to pay sales tax. you are saving a lot of money. >> there are other overhead costs that retailers save on that gives consumers costs. >> you don't see any major impacts on online shopping in the future. >> it remains to be seen, whether consumers flock to the bricks and mortar stores because of this issue. >> they say it's a fairness issue, they shouldn't be undermined by the online retailers who don't pay tax issues. tonnes of people, 140 million went...
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Dec 8, 2013
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he said lower the tax rate dramatically, 5% corporate and individual tax rate. school choice, education tax credits. various provisions to make it easier for people to invest in the inner city. he said, look, we tried government solutions. they haven't worked. so let's try market-based solutions, and that's his answer to a lot of these issues. i have to tell you, a steep road they have to climb. in detroit, for instance, in 2012, obama got 97% of the vote. mitt romney, 2%. >> does he actually believe the unemployment number? you know, there's been some speculation that it doesn't really accurately reflect what the situation is in our country? >> well, he points out the fact that for blacks, the unemployment rate is roughly double what it is for whites. and you know, regardless of what the statistics are, he understands there's a serious unemployment problem around the country but especially with minorities in the inner cities. he's saying that the typical liberal democratic solution is not the right way to go, that you need to go market-based and try something e
he said lower the tax rate dramatically, 5% corporate and individual tax rate. school choice, education tax credits. various provisions to make it easier for people to invest in the inner city. he said, look, we tried government solutions. they haven't worked. so let's try market-based solutions, and that's his answer to a lot of these issues. i have to tell you, a steep road they have to climb. in detroit, for instance, in 2012, obama got 97% of the vote. mitt romney, 2%. >> does he...
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Dec 9, 2013
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. >> she was told you need a license to help people with taxes? >> free enterprise. >> this man after selling t-shirt's here for 30 years you must you must, tom. every bay wood is not on my mind. i forgot p that. >> i have no idea what's in these books. >> each and every one of knees is incomplee hencible to -- incomprehensible. >> i am flipping over this book department of energy reege layingses on the formula for sderm inning the energy efficiency of a commercialite maker. somebody who runs a bar or restaurant can go no the manufacturer and give me an ice maker if it works the market will figure out. >> we don't need the federal government printing capri prehencible. they formed a bizarre bure tratic sanders. it doesn't go away. like the cease. i isn't realize i don't exist any more. >> the mexican gray wolf. the pump back whale. the sea lion. these are engangered species they need information. the act i want both respected. if the bureaucrats would take a idead in and move two for tw it. ambassador our nation for future generations. >> they wan
. >> she was told you need a license to help people with taxes? >> free enterprise. >> this man after selling t-shirt's here for 30 years you must you must, tom. every bay wood is not on my mind. i forgot p that. >> i have no idea what's in these books. >> each and every one of knees is incomplee hencible to -- incomprehensible. >> i am flipping over this book department of energy reege layingses on the formula for sderm inning the energy efficiency of a...
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Dec 10, 2013
12/13
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it is that it stood for september five hundred and forty six euros before tax he actually gets cold forrest is dusted with this is modern slavery the company promises with no money but doesn't know they're asking him to sign a document with her intense the rights of all why they're living in paris which belong to the company in the range is deducted from your salary board in an office of them all up. these blankets spanish the region and to america that is if the crisis in state they still let him in the island three units in iowa and academic team to lead pakistan and company the place of contract especially in the second time in florida with his foot got caught in boutiques. jenna did go in and out. all working conditions a catastrophic and they are but sometimes we work twenty hours a day. sometimes a team of sixteen and the minimum is fourteen hours. it's really cold in the country. among the field. they don't have the right working first. it's like forced labor that goes with a lot of good hope by disney. we want to. it's the gentle ortiz to a situation or condition can keep us on the
it is that it stood for september five hundred and forty six euros before tax he actually gets cold forrest is dusted with this is modern slavery the company promises with no money but doesn't know they're asking him to sign a document with her intense the rights of all why they're living in paris which belong to the company in the range is deducted from your salary board in an office of them all up. these blankets spanish the region and to america that is if the crisis in state they still let...
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Dec 8, 2013
12/13
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corporate income tax is 35%. economic enterprise zones would expedite these visas for people who have $50,000. let them come to our country. i don't think you want a handout. just look at your history of innovation. look at the proud history of detroit. look at henry ford who not only produced a car that his assembly line men and women could afford to buy, he also shortened the workweek and increased wages. we were the industrial giant of the world. detroit was the greatness of america. government didn't do this. you did this. government didn't discover and create motown greats like smoky robinson or diana ross. today doesn't need to be any different. we need to look at ourselves, look in the mirror and allow ours the freedom to create and innovate. you have leaders like this. think of dan gilbert of quicken loans that are pouring their hearts and souls and money into detroit. quicken loans has spent more than $1 billion in detroit over the last few years and moved 3600 employees into the city. creating thousands
corporate income tax is 35%. economic enterprise zones would expedite these visas for people who have $50,000. let them come to our country. i don't think you want a handout. just look at your history of innovation. look at the proud history of detroit. look at henry ford who not only produced a car that his assembly line men and women could afford to buy, he also shortened the workweek and increased wages. we were the industrial giant of the world. detroit was the greatness of america....
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Dec 10, 2013
12/13
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BLOOMBERG
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of people are focused on taxes. they have had a good year and they want to harvest any tax losses. fortunately we haven't had a lot of those. they are very focused on tax planning and what to do going forward. our view has been we still like the market. but we still might present some of our exposure and hedge fund and other asset classes. >> what you make of the vulgar rule?- of the volcker >> our clients are not talking about it. i think this is a wall street phenomenon and the news media 20 carry it. probably, if history is our guide, they will over regulate and make some adjustments over time. but i think the concept of the full parole is good for the markets. >> you think -- of the volcker role promotes the markets. -- is good for the markets. >> you think it promotes stability? >> i think it makes it more stable and we have to make sure the banks and big financial institutions do not trade against clients. it is one thing to provide liquidity and another thing to trade against clients. perhaps before the regul
of people are focused on taxes. they have had a good year and they want to harvest any tax losses. fortunately we haven't had a lot of those. they are very focused on tax planning and what to do going forward. our view has been we still like the market. but we still might present some of our exposure and hedge fund and other asset classes. >> what you make of the vulgar rule?- of the volcker >> our clients are not talking about it. i think this is a wall street phenomenon and the...
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Dec 3, 2013
12/13
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. >> a decision that will not rule on state internet sales taxes. what does it mean for your shopping. >> yesterday may have been the last cyber monday without sales tax. a setback for on-line retailers and consumers may be here. it will allow them to collect even if they have no physical presence in the state. it it required them to collect tax on new yorker's on-line purchases. but by refusing it they sent it to a dozen states with similar laws. it is estimated the state lost $23 billion in uncollected taxes last year. we clicked and shopped until we dropped yesterday. i did some shopping i hope you did, too. early indications show on-line sales were up at least 19 percent on cyber monday compared to last year. a third of us had phones and tablets. retailers are hoping that on-line sales can save christmas at this point. web sales projected to climb 15 percent to more than $80 billion. olive garden may be finding more success in the american roots than italian ones. the restaurant chain is serving a burger called the italian no it is topped withed
. >> a decision that will not rule on state internet sales taxes. what does it mean for your shopping. >> yesterday may have been the last cyber monday without sales tax. a setback for on-line retailers and consumers may be here. it will allow them to collect even if they have no physical presence in the state. it it required them to collect tax on new yorker's on-line purchases. but by refusing it they sent it to a dozen states with similar laws. it is estimated the state lost $23...
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Dec 4, 2013
12/13
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CNBC
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they are a tax cut for consumers. they are a tax cut for businesses. that is good for the economy and, therefore, that's good for the stock market. >> agreed, larry, but we had a $4 pop in crude oil. so i think they cut a lot of shorts on hand. it's all about this pipeline, this connection from cushing down to port arthur coming online in january. it caught these shorts on the run. now we're seeing this movement up. lower prices are better for the consumer but right now it seems like we're going test out and see if we can get back to 100. >> that's going change. that's just technical stuff. that's pipeline stuff. that will change and get straight end out. whether the keystone gets built or not is a different question. look, i don't think -- scott, i don't think this is goldilocks because to me goldilocks was 4% growth and 2% inflation. it is kind of mini, mini goldie lock, 2, 2.5% growth and 0% inflation. in that environment, long run investors which is the only kind of investing makes stones me, hang in there, ignore these blips and stay with it becau
they are a tax cut for consumers. they are a tax cut for businesses. that is good for the economy and, therefore, that's good for the stock market. >> agreed, larry, but we had a $4 pop in crude oil. so i think they cut a lot of shorts on hand. it's all about this pipeline, this connection from cushing down to port arthur coming online in january. it caught these shorts on the run. now we're seeing this movement up. lower prices are better for the consumer but right now it seems like...
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Dec 4, 2013
12/13
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they're tax-he exempt. they're creating legislation was claiming a charity doing no political work at all. and therefore tax-exempt. so they're trying to set up a new project called the jeffersonian project, which will be a different tax exempt status that would allow them to do more lobbying. >> ken, there are obviously some changes perhaps afoot in what these tax exempt organizations could do. how might that impact this idea that a.l.e.c. creates this new 501(c)(4)? >> from what i understand, this 501(c)(4) created fits the definition of what they're supposed to do. that is lobbying on legislation, issue advocacy, where the 501(c)(4)s kind of ran afoul in the mind of critics of what the tax law says, is when they became more overt political organizations and gauging in campaigns, airing attack ads, the karl rove group, americans for prosperity, the koch brothers group, where they went after president obama. well, that is more overt political activity, whereas these 501(c)(4)s are supposed to do more issue
they're tax-he exempt. they're creating legislation was claiming a charity doing no political work at all. and therefore tax-exempt. so they're trying to set up a new project called the jeffersonian project, which will be a different tax exempt status that would allow them to do more lobbying. >> ken, there are obviously some changes perhaps afoot in what these tax exempt organizations could do. how might that impact this idea that a.l.e.c. creates this new 501(c)(4)? >> from what i...
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Dec 6, 2013
12/13
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trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan for the first three years, meant to raise about $25 billion over the three years to help pay for people with pre-existing conditions. if the change is approved nobody would be exempt next year. in 2015 and 2016 groups that act as their own insurance companies and their own claims processors would be exempt to unions that self-insure would greatly benefit. republican senator orin hatch says it certainly looks like the obama administration is looking at a special deal for unions which is deeply concerning given the problems that all americans are facing due to obama care. now the unions argue this is not aimed at them. it's not nearly enough. the laborers union says, again quoting, as the new regulations offer no substantive relief for our health care plan the laborers union will continue to look for opportunities to fix this egregious tax on our members and their families. remember, the unions fought to help the president get elected and fought to pass
trace gallagher has the story. >> reporter: the tax is called a reinsurance fee. it's on nearly every health plan for the first three years, meant to raise about $25 billion over the three years to help pay for people with pre-existing conditions. if the change is approved nobody would be exempt next year. in 2015 and 2016 groups that act as their own insurance companies and their own claims processors would be exempt to unions that self-insure would greatly benefit. republican senator...
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Dec 3, 2013
12/13
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CNNW
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this is some way you don't have to buy sales tax. that i think is going to be going away. >> that's great for the shopper. that stinks for macy's, the brick and mortar company. >> sure. >> and those with -- the loser here are consumers. the losers up until now have been the bricks and mortar stores. >> and the supreme court never has to comment. >> they're the supreme court. >> christine and i were talking about this issue. and i think what we're doing is forcing congress to act. it's the purview of congress. and what they're saying is, look, we have a judicial job to do which is to determine constitutionality. but you guys in congress, if you want you've formality among states, that's up for you to decide. and new york state, of course, we have the online tax and that was challenged. it was upheld by the court of appeals. in illinois, however, they attempted to model a law right after new york concerning online retailers and it was struck down. that's why there was some hope whenever there's a sorts of a patch work of different stat
this is some way you don't have to buy sales tax. that i think is going to be going away. >> that's great for the shopper. that stinks for macy's, the brick and mortar company. >> sure. >> and those with -- the loser here are consumers. the losers up until now have been the bricks and mortar stores. >> and the supreme court never has to comment. >> they're the supreme court. >> christine and i were talking about this issue. and i think what we're doing is...
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Dec 4, 2013
12/13
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he will tax if he decides to and write regulations if he decides to. and he will decide the constitution if he decides to. honestly, i wanted a phone with a better camera. my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 10 has 41 megapixels. so i can zoom way in even after i take the picture. and i can adjust the shot before i take it so i get it exactly how i want. so, i went with a windows phone. maybe i just see things other people don't. ♪ honestly ♪ i wanna see you be brave ♪ that's the sound of car insunce companies these days. here a cheap, there a cheap. everywhere a cheap... you get it. so what if instead ofjust a cheachoice, you could make a smart choice? like esurance for example they were born online and built to save people money from the beginning. that's what they've always ne. not just somhing they...cheep about. that's insurance for the modern world. esurance. now backed by allstate. click or call. >>> it's time for mistletoe and holly. >>> well, new developments tonight in the sto
he will tax if he decides to and write regulations if he decides to. and he will decide the constitution if he decides to. honestly, i wanted a phone with a better camera. my boyfriend has a lot of can't-miss moments. i checked out the windows phones and saw the lumia 10 has 41 megapixels. so i can zoom way in even after i take the picture. and i can adjust the shot before i take it so i get it exactly how i want. so, i went with a windows phone. maybe i just see things other people don't. ♪...
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Dec 4, 2013
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p on the final days of the fiscal year. >> total for the year the department spent 450,000 dollars, tax payer dollars or alcohol. where they trying to spend the money in the budget to prevent congressional cuts in the future? >> the state department, i had an opportunity to travel to many of them, there's a lot of entertaining that goes on a lot of ir responsibility. >> you are missing the point. the whole point is how can you ever cut spending if the entire ethic of government is to spend your allocation before the time runs out. >> is the government's booze budget careless spending or the cost of doing business? send us a note on foxfriendsfirst@foxnews.com. >> be have hinterested to hear people have to say. it is 18 after the top of the hour. extreme measures after one of the worst's animal attacks in the state's history. >> they are putting up all of the beautiful christmas lights in one city. now local lawmakers are playing scrooge. >> a florida woman recovering in it the hospital the morning after what is being called the most serious bear attack in the state's history. she was wa
p on the final days of the fiscal year. >> total for the year the department spent 450,000 dollars, tax payer dollars or alcohol. where they trying to spend the money in the budget to prevent congressional cuts in the future? >> the state department, i had an opportunity to travel to many of them, there's a lot of entertaining that goes on a lot of ir responsibility. >> you are missing the point. the whole point is how can you ever cut spending if the entire ethic of...
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Dec 9, 2013
12/13
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tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but then you rob those anti-poverty programs by calling yourself a former? that is the hypocrisy that is frustrating to e why i wrote the book calling of these people on their duplicity. john: one final example some of the activists are so eager to promote anti- capitalist they glamorize people like bill ears -- bill ayers they killed people and bombed buildings and obama held a fund-raiser in bill ayers living room so robert redford came out with a movie based on the weather underground that the terrorists are on the run. >> we'd never be trade any of us all these years. >> i
tax because he raises honeybees' he qualifies for the honeybee subsidy. bruce springsteen owns hundreds of acres of land but pays little tax because a an organic farmer works his land his pour neighbors pay more. >> i don't get anybody trying to lower taxes but bonn jovi and springsteen publicly supporting for obama holding rallies but then cry tax cuts for their riches and they robbed of poverty programs and a social contract with america being destroyed the middle-class is harmed but...
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Dec 7, 2013
12/13
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>>'m trying to lower taxes for detroit. i don't want to raise taxes. it's hard to come to an agreement. divided government. most likely we'll get another continuing resolution. our country is almost evenly split. republicans and half democrats. what we believe in is very far it's hard to find agreement. debate is good. ust because we're having discussion, that's bad. we've been debating since the beginning of our republic. a good healthy debate is good sometimes. >> several questions around the polarization and the disgust general american public has with that polarization and the grid lock in washington. propose to help heal some of that. >> i think we can, you know, agree to disagree and not necessarily always be disagreeable. some of that is personalities, how we work things out. i think, i t and i, don't know him real well, i fine. we've gotten along i've rid on air force one with him, talking about structure. trying to be supportive. there's various policy issues i haven't attacked him and tried to be supportive on on some of the drug issues. it's
>>'m trying to lower taxes for detroit. i don't want to raise taxes. it's hard to come to an agreement. divided government. most likely we'll get another continuing resolution. our country is almost evenly split. republicans and half democrats. what we believe in is very far it's hard to find agreement. debate is good. ust because we're having discussion, that's bad. we've been debating since the beginning of our republic. a good healthy debate is good sometimes. >> several...
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Dec 4, 2013
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because they will trigger taxes, tax penalties on employers and individuals in those 34 states that have refused to establish an exchange and a number of those employers and individuals, including two state attorneys general, 15 indiana school districts and a dozen more private employers and private citizens have filed suit. four different lawsuits. in fact one of them will have oral arguments this afternoon in washington, d.c. there is judicial remedy for some of these abuses. >> ok, good. thank you, director cannon. thank you, mr. chairman, yield back. >> chair now recognizes the gentleman from new york. mr. nadler. five minutes. >> thank you, mr. chairman. professor rosenkranz has written in the "wall street journal" an op-ed piece abraham lincoln would not approve to have delay in the employer mandate. would you comment on that, that lincoln would disapprove? >> i read that article with some amusement, i have to say, professor rosenkranz. i think that president lincoln would chuckle at the notion that there is an equation between suspending the writ of habeas corpus with a tempo
because they will trigger taxes, tax penalties on employers and individuals in those 34 states that have refused to establish an exchange and a number of those employers and individuals, including two state attorneys general, 15 indiana school districts and a dozen more private employers and private citizens have filed suit. four different lawsuits. in fact one of them will have oral arguments this afternoon in washington, d.c. there is judicial remedy for some of these abuses. >> ok,...
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Dec 8, 2013
12/13
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KTVU
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give parents more school choice and education tax credits. and loosen visa rules to encourage foreign sbe pentrepre to open businesses. senator, while critics say those are all good ideas, you've got to pour more government money into those inner cities if you're going to make a difference. >> well, chris, it hasn't worked. i mean, the president poured a trillion dollars into the nation's economy. when you divided it out it was about $400,000 per job. the problem with a government stimulus is you pick the winners and losers. with this stimulus that i'm talking about, a free market stimulus, you simply leave the money in the hands of those who earned it. so the customers have actually picked out the successful people, the ones they choose to buy products from. those people get more money. like i met a young man, young african-american man who has his own restaurant. his first question is, do you have any tax breaks for me for my business? that's what this would do. it would help people who are already in business and trying. >> i don't have to
give parents more school choice and education tax credits. and loosen visa rules to encourage foreign sbe pentrepre to open businesses. senator, while critics say those are all good ideas, you've got to pour more government money into those inner cities if you're going to make a difference. >> well, chris, it hasn't worked. i mean, the president poured a trillion dollars into the nation's economy. when you divided it out it was about $400,000 per job. the problem with a government...
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Dec 6, 2013
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when obama inherited the office, rich people were getting big tax breaks. >> you mean the tax breaks that b obama kept? >> yes. >> now they're not is what you're saying? >> yes, they took the tax breaks away. >> how do you explain the top 1% is outpassing by seven times what the lower 99 are making? >> here's exactly what obama -- >> believe it or not, president obama has actually widened the income gap but in a good way, bob, in a good way, because the 1% is going up, 34%, 99%, 4%, but they're going up, so that's a good thing. incoming equality is a misnomer. if the rising tide is rising all boat, raising all boats, that's a great thing. >> how can you say 15 years the top 1% increase of income take home pay is 247% and middle clashgs over the same 15 years, is 15%? you're saying that's equal? >> he's saying the numbers are rising up and that's good. >> it's better for everyone when this happens. >> when the rich people get richer? >> and the poor people get richer, yes. >> before you continue, let me get greg in here first. because you earlier were talking -- >> this argument about
when obama inherited the office, rich people were getting big tax breaks. >> you mean the tax breaks that b obama kept? >> yes. >> now they're not is what you're saying? >> yes, they took the tax breaks away. >> how do you explain the top 1% is outpassing by seven times what the lower 99 are making? >> here's exactly what obama -- >> believe it or not, president obama has actually widened the income gap but in a good way, bob, in a good way, because the...
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Dec 2, 2013
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and vital stats and what you put on the tax return, insurance companies need to verify that and those forced to do it through the obama website and healthcare.gov, are not able to do. that we hear it is not working cleanly. and as time ticks by. insurance companies are looking for our tech people to come in and solve the problem. >> they are in the business to make money. eligibility verikdz. and the phrase you will hear about. that is still not happening, right? >> no, it is enormous. that's how they price the p and get you over the finish line and look at the fixes and blue cross blue shield where they hired temporary people to come back and the information was filled incorrectly in the field. and now places like florida and even reports in connecticut, where they are saying, maybe we need to interact with the state's website to it verify the information. and maybe we need to hire an outside vendor to verify the information without relying on the federal website. >> say norred? >> florida, ohio and texas, they have pilot programs where they are trying to figure out nuts and bolts on
and vital stats and what you put on the tax return, insurance companies need to verify that and those forced to do it through the obama website and healthcare.gov, are not able to do. that we hear it is not working cleanly. and as time ticks by. insurance companies are looking for our tech people to come in and solve the problem. >> they are in the business to make money. eligibility verikdz. and the phrase you will hear about. that is still not happening, right? >> no, it is...
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Dec 4, 2013
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>> that is basically an outright lie, no tax money goes towards paying abortions. essentially they have this exact legislation that the state legislature approved last year. however, governor rick snyder vetoed it because it saddles women unnecessarily with extra costs. what woman ever ands the victim of a crime or potentially being raped? what they want to do in order to avoid having the governor sign the bill, they had to get 3% of michigan's population to sign a petition saying that they believe in this legislation. what's next, they have 40 days to get the legislature to pass it. and because the legislature has voted and passed this legislation it's likely they'll do it again. >> the assertion from -- let me play in her own words, genevieve martin. let's play what she said regarding tax dollars here. >> the impetus behind this is that we believe abortion is not health care and that tax dollars should not be going to subsidize abortion. this is not about the legality of abortion or access to abortion. it really is about who pays for it. >> federal law prohibits
>> that is basically an outright lie, no tax money goes towards paying abortions. essentially they have this exact legislation that the state legislature approved last year. however, governor rick snyder vetoed it because it saddles women unnecessarily with extra costs. what woman ever ands the victim of a crime or potentially being raped? what they want to do in order to avoid having the governor sign the bill, they had to get 3% of michigan's population to sign a petition saying that...
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Dec 4, 2013
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your new plan is going to tax me. i need to buy another truck and build the company and i am getting taxed more and more. >> i don't want to punish your success, put i want to make sure everybody who is behind you has a chance like that, too. everybody is so pinch that business is bad for everybody. when you spread the wealth, it is good for everybody. >> and that is fine from a political point of view as the president talked about rich people like mitt romney and he used his opponent and john mccain's family and talked about shouldn't rich people like romney be compelled to give more to help those who are not as lucky. middle class, ordinary, regular folks, not even buying plumbing companies, but trying to make ends meet to pay for their own health insurance are being thrown out plans and if they can fight themselves through the website, they can find plans they can't afford. >> just about out of time. but your column today is beautiful and dark in that it discusses your dad and politics today. tell us about that. i
your new plan is going to tax me. i need to buy another truck and build the company and i am getting taxed more and more. >> i don't want to punish your success, put i want to make sure everybody who is behind you has a chance like that, too. everybody is so pinch that business is bad for everybody. when you spread the wealth, it is good for everybody. >> and that is fine from a political point of view as the president talked about rich people like mitt romney and he used his...
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Dec 6, 2013
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i think people are taxed to death. you know, i don't mind two tier healthcare if you like healthcare you pay for it i understand that. but, you know, and we have general healthcare up here or old hip we call it. but, it's going to cost a fortune for you guys to put in this obamacare. i don't see how the people are going to be able to afford it, to tell you the truth. >> mayor ford was invited to the radio show that talk about sports. urgent warning to computer users around the world. more than two million facebook, google and twitter pass words have been stolen. in response to the giant hacking. online networks have disabled the effective pass words and that's tonight's speed read. >>> and now why do the democrats keep telling us things they know aren't true? >> remember what the president said, if you like your insurance you can can keep it. >> if you like your healthcare plan, you will be able to keep your healthcare plan. period. >> what he said was true. >> okay. if you want to keep the insurance you have, you can
i think people are taxed to death. you know, i don't mind two tier healthcare if you like healthcare you pay for it i understand that. but, you know, and we have general healthcare up here or old hip we call it. but, it's going to cost a fortune for you guys to put in this obamacare. i don't see how the people are going to be able to afford it, to tell you the truth. >> mayor ford was invited to the radio show that talk about sports. urgent warning to computer users around the world. more...
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Dec 6, 2013
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and then taxed again and just pray that my tenacity would get me there. the anxiety level, i can't even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. what it does to you emotionally and psychologically, you feel like hester prenn with the letter "a" when you're jobless very long. you soon become a member of the lost world. people look at you when you don't have a job yet like there's something wrong with you. that's where i would have been. >> thank you. >> i have no questions, but i would like to let you all know that for a period of about three months, i was unemployed -- this was back many years ago. it was really during, between school -- it was summer break. i'm used to working and i could not find a job that summer, the whole summer. i can't tell you how -- i can tell you but i'm sure your feelings about being unemployed and searching for work and being unable to find anything, the effect that has on you mentally is just very -- yo
and then taxed again and just pray that my tenacity would get me there. the anxiety level, i can't even explain to you the insomnia, the tears, the mood swings, the ups, the downs. it ranks with me as one of the five most tragic things to have ever happened in my life. what it does to you emotionally and psychologically, you feel like hester prenn with the letter "a" when you're jobless very long. you soon become a member of the lost world. people look at you when you don't have a job...
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Dec 4, 2013
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he will tax if he decides to and write regulations if he decides to. and he will decide the constitution if he decides to. we're down to that. >> there is no appetite for that. the american people have to rise up. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. so when coverage really counts, count on nationwide insurance. because what's precious to you is precious to us. ♪ love, love is strange just another way we put members first. because we don't have shareholders. join the nation. ♪ baby... ♪ nationwide is on your side ♪ >>> it's time for mistletoe and holly. >>> well, new developments tonight in the story of the 11-year-old girl told she cannot sell hand-picked mistletoe at a portland, oregon park. trace gallagher at the west coast news with details. >> reporter: you know, megyn, madison just got
he will tax if he decides to and write regulations if he decides to. and he will decide the constitution if he decides to. we're down to that. >> there is no appetite for that. the american people have to rise up. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never...
90
90
Dec 9, 2013
12/13
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CSPAN
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eye 90
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the tax is a federal tax. it is important to account for it separately since we have a dedicated payroll tax for that purpose. balancing should be -- ideally it would be good if we could say social security was completely off budget. and technically speaking it is off budget. it is money that comes into the treasury and the benefits go out. it is not as if beneficiaries -- we talk about the payroll tax being insufficient to cover benefits, which it is right now. the program is running a deficit. able toecurity is receive sufficient funding by cashing in the bonds it has in that is anund, but expense to the treasury which has to come up with the money to cover those bond payments into social security. the bottom line is it is part of the federal budget. we have not privatized the system. the money is accounted for separately. the government is not going to default on the money it owes to social security or to the medicare part a trust fund. host: bob is on our line for and dependents. -- for independents. calle
the tax is a federal tax. it is important to account for it separately since we have a dedicated payroll tax for that purpose. balancing should be -- ideally it would be good if we could say social security was completely off budget. and technically speaking it is off budget. it is money that comes into the treasury and the benefits go out. it is not as if beneficiaries -- we talk about the payroll tax being insufficient to cover benefits, which it is right now. the program is running a...
112
112
Dec 5, 2013
12/13
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CNBC
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eye 112
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they leave out the earned income tax credit, for example. these things are so -- >> you have to look at the report that says all of that stuff. >> we did. that looks much better. jared, let me ask you this. i listened to the president's so-called solution today. he wants to raise the minimum wage, right? he wants more infrastructure spending. he wants to end tax loopholes. he wants more spending. can i just say how totally boring that is? that's all he ever says. the guy either needs, a, a new speech writer or, b, a new policy or preferably both because he can't keep standing up with the same four silly bullets and say that that is going to improve the american economy which is producing the worst economic recovery in the modern era. >> i wouldn't expect you to -- i wouldn't expect you to like three of those four, but the fact that he has consistently talked about lowering the corporate tax -- >> but he didn't talk about that today. >> he did. >> he just talked about closing loopholes. >> he's referencing his plan to lower the corporate rate
they leave out the earned income tax credit, for example. these things are so -- >> you have to look at the report that says all of that stuff. >> we did. that looks much better. jared, let me ask you this. i listened to the president's so-called solution today. he wants to raise the minimum wage, right? he wants more infrastructure spending. he wants to end tax loopholes. he wants more spending. can i just say how totally boring that is? that's all he ever says. the guy either...